February 13, 2025 – GEWISS S.p.A. announces that today it has acquired a majority stake (75.04%) in the share capital of Beghelli S.p.A., a historic Italian brand specializing in emergency lighting and safety solutions.

In compliance with the terms set by current regulations, GEWISS will launch a mandatory Public Tender Offer (PTO) for the remaining outstanding shares of Beghelli, aiming for the delisting of the company. 

The transaction aims to strengthen the Lighting Division of the GEWISS Group and consolidate its market presence in the lighting sector by integrating the Beghelli brand.

Additionally, the goal is to expand GEWISS Group’s offering of innovative lighting solutions: the combination of Beghelli’s technological expertise in emergency lighting with GEWISS’s experience in energy management and smart lighting (further enhanced by GEWISS’s recent acquisition of Tvilight) will enable the development of integrated products and services. This will better address the needs of an evolving market and, most importantly, provide customers with a stronger and more comprehensive team.

Moreover, the transaction ensures Beghelli's integration into a group with strong Italian roots, sharing the same values of integrity, excellence, and sustainability, and operating under a managerial governance model focused on transparency and innovation.

With Beghelli joining the GEWISS Group, its leadership will be entrusted to Paolo Cervini, CEO of the POLIFIN holding and its subsidiaries (GEWISS, COSTIM, and CHORUSLIFE), who will assume the role of Chairman of the Board of Directors of Beghelli, while Alfonso D’Andretta, Managing Director of GEWISS’s Lighting Business Unit, will take on the position of Chief Executive Officer (CEO) of Beghelli.

"This acquisition," explains Fabio BOSATELLI, Chairman of the POLIFIN holding and GEWISS, "is not only a strategic investment but also an opportunity to enhance Italian excellence. I am confident that together we can take on new challenges, create even more innovative solutions, and generate economic and social value for all our stakeholders."

"Today," adds Paolo CERVINI, "marks the beginning of an exciting journey where two outstanding companies come together to build a future of innovation and growth. This acquisition represents another significant milestone in line with our strategic vision to become a leading international player and strengthen our leadership in offering increasingly advanced solutions and services."